Time Warner Viacom

Categories: News | Business News
  • A dispute between Time Warner Cable and Viacom might have resulted in Time Warner Cable customers loosing access to several channels on midnight on January 1, 2009. After Viacom granted an extension at midnight, the two companies were able to strike a deal allowing Time Warner Cable to keep access to the 19 channels in question. As of January 1, 2009, the details of the contract had not been made public.Los Angeles Times: Viacom, Time Warner Cable Settle Contract Dispute (January 1, 2009)
  • The Dispute

    The dispute was due to Viacom's plan to raise carriage fees for Time Warner by between 22% to 36% for each channel. Time Warner customers could have lost 19 channels, including Comedy Central, MTV and Nickelodeon, until the companies settled the dispute.CBS 3: Time Warner Dispute May Bump Off Comedy Central (December 31, 2008)
  • Time Warner Cable Statement

    Time Warner Cable's CEO said the fees are "outrageous given the current economic conditions". According to CEO Glenn Britt, Time Warner asked for an extension of the current contract until negotiations are resolved, but Viacom did not agree. Time Warner said that if every channel asks for such price hikes, prices for customers would become unreasonable.Yahoo News: Statement from Glenn Britt, President & CEO, Time Warner Cable (December 31, 2008)
  • Viacom Statement

    Viacom said the price increase is "reasonable" and "modest" and would equal to about 23 cents a month per subscriber, or a total of $35.9 million.CBS 3: Time Warner Dispute May Bump Off Comedy Central (December 31, 2008) Viacom said they are making the increase because Time Warner has "greatly undervalued our channels for so long".Viacom: Statement from Viacom (December 30, 2008)
  • Channels Affected

    Comedy Central, CMT, Pure Country, Logo, Palladia, MTV, MTV 2, MTV Hits, MTV Jams, MTV Tr3s, Nickelodeon, Noggin, Nick 2, Nicktoons, Spike, The N, TV Land, VH1, VH1 Classic, and VH1 Soul
  • On Twitter Powered by Twitter

About this page

  • Page Views
    0
What is this?
No one is currently managing this page.
What is this?
This page currently has no vertical manager.